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Kaveri Grameena Bank Hassan Hassan Karnataka MICR CODE

Find MICR Codes for Kaveri Grameena Bank Hassan Hassan Karnataka

MICR Code
Bank Kaveri Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bylahally
Contact 226110
Bank Details Kaveri Grameena Bank Bylahally KGRB0000061
Location Hassan, Hassan
City Hassan
District Hassan
State Karnataka
Pincode
Country IN
Address Bylahally at posthassan taluk
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Bylahally branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Kaveri Grameena Bank, Bylahally branch makes the system almost error free and faster. Use of Kaveri Grameena Bank MICR codes for Bylahally branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kaveri Grameena Bank Bylahally

Kaveri Grameena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kaveri Grameena Bank MICR code for Bylahally is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Kaveri Grameena Bank for Bylahally branch. MICR code for Bylahally branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Kaveri Grameena Bank Bylahally is presented in the table alongside.

Use of Kaveri Grameena Bank MICR code for Bylahally branch in hassan

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bylahally and Kaveri Grameena Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Kaveri Grameena Bank is typically in either of these two font’s: E-138 and CMC-7.